Equipment and vehicle finance

Equipment and vehicle finance

Finance for machinery, trucks, vans, utes, fit-outs and technology, usually secured by the asset itself.

  • New and used assets, dealer or private sale.
  • Often no deposit for established businesses.
  • Terms matched to the working life of the asset.
Check your funding optionsStep 1

Sending this form doesn't involve a credit check. FundFox doesn't lend money or provide credit assistance.

  • One broker team works your enquiry
  • A call within minutes in business hours
  • Business-purpose finance from $20,000
  • Bank, non-bank and private lenders
What we can help with

Get the gear working

  • Excavators, loaders and earthmoving gear
  • Trucks, trailers, vans and utes for business use
  • Commercial kitchen and hospitality fit-outs
  • Medical, dental and technology equipment
  • Refinancing equipment you already own

What lenders usually look at

  • An ABN and your trading history
  • A quote or invoice for the asset
  • The asset's age and condition
  • Newer businesses may need a deposit or other security

Every lender has its own rules. Your broker will tell you which lenders are likely to suit before anything is lodged.

How it works

From enquiry to funding in three steps

The quiz takes about a minute. After that, a specialist broker does the legwork with the lenders.

  1. Tell us what you need

    Answer a few questions about the funding, your business and any property. No documents and no credit check at this stage.

  2. A broker calls you

    A specialist commercial finance broker calls you, usually within minutes in business hours, to understand the deal properly.

  3. They find the lender

    Your broker matches you with suitable bank, non-bank or private lenders, explains the costs and handles the application through to settlement.

Questions

Equipment finance: common questions

Can I finance a used machine from a private seller?

Many lenders will, subject to an inspection or valuation of the asset.

Do I need a deposit?

Not always. Established businesses can often finance the full price. Newer businesses may need a deposit.

What kind of finance is it?

Usually a chattel mortgage, lease or hire purchase. Each is treated differently for tax and GST, so check with your accountant which suits you.

Can I finance a vehicle I'll also use personally?

The finance must be mainly for business use. Your broker will check this with you.

Other finance

More ways to fund the business

Cash flow finance

Unsecured loans, lines of credit and invoice finance for wages, stock and bigger jobs.

Find out more

ATO debt funding

Pay a tax debt in full and swap daily-compounding ATO interest for a loan you can plan around.

Find out more

Property-backed loans

Private first and second mortgages, caveat loans and bridging for business purposes.

Find out more

Commercial property finance

Buy, refinance or release equity from offices, warehouses, shops and industrial property.

Find out more

See what your business could access

Start the quiz